pingmei coal(SH:601666)2018-04-27 16:00Financial Performance - Revenue decreased by 15.51% to CNY 4.60 billion compared to the same period last year[6] - Net profit attributable to shareholders decreased by 80.77% to CNY 64.37 million compared to the same period last year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 81.78% to CNY 60.66 million compared to the same period last year[6] - Basic earnings per share decreased by 80.73% to CNY 0.0273 compared to the same period last year[6] - Diluted earnings per share also decreased by 80.73% to CNY 0.0273 compared to the same period last year[7] - Total profit decreased by 59.47% to ¥170,001,999.43 from ¥419,440,709.05[13] - Net profit for Q1 2018 was ¥104,465,263.15, a decline of 72.6% from ¥381,940,709.05 in Q1 2017[28] - Total operating revenue for Q1 2018 was ¥4,598,969,306.09, a decrease of 15.5% compared to ¥5,443,324,516.57 in the same period last year[27] Assets and Liabilities - Total assets increased by 3.02% to CNY 44.35 billion compared to the end of the previous year[6] - Total liabilities increased to ¥30.31 billion from ¥29.35 billion, an increase of 3.29%[21] - Current liabilities totaled ¥19.60 billion, up from ¥19.14 billion, reflecting a 2.42% increase[20] - Long-term borrowings rose to ¥633 million from ¥549 million, a growth of 15.29%[21] - Shareholders' equity increased to ¥14.04 billion from ¥13.71 billion, representing a growth of 2.42%[21] - The company reported a total liability of ¥30,466,890,101.77, an increase of 3.8% from ¥29,361,020,930.15 in the previous year[28] - Total equity increased to ¥12,804,297,530.08, up from ¥12,486,182,127.83, representing a growth of 2.5%[28] Cash Flow - Operating cash flow net amount rose significantly by 203.96% to CNY 1.60 billion compared to the same period last year[6] - Cash flow from operating activities was ¥4,890,363,585.23, an increase of 17.4% compared to ¥4,165,487,574.43 in Q1 2017[33] - The net cash flow from operating activities for Q1 2018 was ¥1,596,086,139.33, a significant increase compared to ¥525,096,008.39 in the previous period, reflecting a growth of approximately 203%[34] - Total cash inflow from operating activities amounted to ¥4,990,999,006.56, while cash outflow was ¥3,394,912,867.23, resulting in a net cash inflow of ¥1,596,086,139.33[34] - Cash inflow from financing activities was ¥1,547,500,000.00, with cash outflow totaling ¥1,763,168,470.98, leading to a net cash outflow of ¥215,668,470.98[35] - Cash inflow from investment activities was ¥433,571,776.54, while cash outflow was ¥2,502,994,085.74, resulting in a net cash outflow of ¥2,069,422,309.20[34] Other Financial Metrics - Non-recurring gains and losses totaled CNY 3.71 million for the period[8] - The company has not undergone an audit for the first quarter report[4] - Total accounts receivable increased by 39.69% to ¥2,693,654,892.04 from ¥1,928,307,572.00[11] - Other current assets decreased by 54.28% to ¥83,356,863.15 from ¥182,303,010.30[11] - Investment income rose by 43.99% to ¥10,738,516.62 from ¥7,458,050.93[13] - Other income increased by 514.23% to ¥13,997,495.68 from ¥2,278,853.80[13] - The company experienced a decrease in coal production and sales by 372,900 tons, resulting in a revenue loss of ¥255,830,000[15] - The company plans to adjust fixed asset depreciation, leading to an increase in depreciation expenses by ¥220,060,000 in the first quarter[15] - Cash and cash equivalents increased to ¥8.31 billion from ¥7.92 billion, a growth of 4.73%[19] - Inventory increased to ¥1.93 billion from ¥1.56 billion, a rise of 23.99%[19] - The company recorded an investment income of ¥10,738,516.62, which is an increase from ¥7,458,050.93 in the previous year[28] - The financial expenses for Q1 2018 were ¥270,325,915.84, an increase of 9.0% from ¥247,027,147.62 in Q1 2017[28]